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An Introduction to Superyacht Project Management – Refit & Newbuilding

  • Introduction
  • General background to the superyacht industry – a little bit of history
  • International regulation of shipping (which includes superyachts)
  • Flag states
  • Classification societies and the role of class
  • Different levels of regulation
  • Routine maintenance or planned maintenance and refit
  • Refit preparation
  • The refit tender process and contract award
  • The refit yard period
  • Design, contract and tender
  • Construction new building
  • Builders and yards
  • Superyacht builders

Accountancy and Payments

  • Financial policy
  • Bookkeeping
  • Accountancy
  • Budgeting
  • Costing
  • Cash management
  • Internal controls and risk assessment
  • Auditing
  • Value Added Tax (VAT) and The European Union
  • Corporate ownership
  • Anti-money laundering
  • Payment terms and stage payments
  • Disagreements

Project Management

  • Basics of project management
  • Starting – beginning and controlling a project
  • Understanding the four phases of a project
  • General management of a project
  • The basic mechanisms involved in project management
  • Creating and maintaining schedules
  • Managing the team
  • Project manager – health & safety responsibilities
  • Agile Project Management (APM)
  • Why successful projects can fail
  • And finally…

Project Completion and Acceptance

  • Introduction
  • Main project activities
  • Activities related to acceptance and completion
  • Acceptance
  • ‘Completion’
  • Warranty & guarantee period
  • Issues, configuration and quality management
  • Change control
  • Project library
  • Reading list

Change Orders

  • Introduction
  • Common causes of change orders
  • Change orders and pc sums
  • Dealing with pc sums and subcontractors
  • Time and material change orders
  • Change orders in the refit or new build
  • The modifications and changes clause further explained
  • The change order form further explained
  • The making of the actual change order
  • Record keeping of the change orders
  • Change orders that do not have consequences
  • Communication with the owner
  • Payments of the agreed change orders
  • After a change order is approved
  • In case a change order is not agreed
  • Documentation/reference list

Build Process & Building the Yacht

  • Introduction
  • Planning & pre-project work
  • The hull, deck & superstructure
  • Engineering & systems
  • Superyacht interiors
  • Painting & coatings
  • Toys & recreational equipment
  • Masts, spars, rigging & sails
  • Safety equipment & safety systems
  • Completion
  • The build to cruising transition

Re-fit Process and Refitting the Yacht

  • Introduction
  • Initial requirements
  • Refitting the hull & superstructure
  • Engines & engineering
  • On-board systems
  • Refitting the interior
  • Masts, spars, rigging & sails
  • Painting, coatings & varnishing
  • Toys & recreational equipment
  • Audio visual & safety equipment
  • Safety management systems & completion

Managing Expectations

  • Introduction
  • Roles and responsibilities
  • Managing expectations
  • Communication
  • Reporting
  • Meetings and feedback
  • Quality control and assurance
  • Preparation guidelines

Contracts

Legal concepts

  • Introduction to english law
  • The law of contract
  • The law of tort (negligence)
  • Liability in contract and tort
  • Responsibilities
  • Maritime law and the flag state
  • Admiralty law and jurisdiction
  • International maritime law
  • Governmental control of shipping (UK)
  • The yacht repair/refit contract
  • Pre-contract considerations
  • Contract standard forms
  • Ship conversion contract
  • Health and safety and employment
  • Employment
  • Major yacht refit yards
  • Table of cases

Documentation

  • Overview
  • Build process documentation
  • The importance of a paper trail
  • Record keeping, change orders, work completion and sign off
  • The role of the class flag surveyors in the process
  • Documentation of disagreements
  • Quality control
  • Stage payment
  • The list of works
  • Who needs it?
  • Pre refit
  • During the refit
  • The next refit